Legacy Housing Corp
LEGHNasdaqMaterials · Mobile Homes · TX · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $116.9M | $129.3M | $145.1M | $222.1M | $166.0M | $147.5M |
| Operating income | $48.4M | $63.6M | $64.6M | $78.0M | $58.9M | $47.6M |
| Net income | $41.8M | $61.6M | $54.5M | $67.8M | $49.9M | $38.0M |
| Total assets | $580.3M | $534.2M | $506.7M | $436.8M | $366.7M | $338.6M |
| Total liabilities | $51.7M | $40.2M | $70.0M | $54.7M | $57.3M | $79.4M |
| Equity | $528.6M | $494.0M | $436.7M | $382.1M | $309.4M | $259.2M |
| EPS (diluted) | $1.74 | $2.48 | $2.17 | $2.74 | $2.05 | $1.57 |
| Shares out. | 24.1M | 24.4M | 24.4M | 24.4M | 24.2M | 24.8M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 41.4%
- Net margin
- 35.8%
- Return on equity
- 7.9%
- Return on assets
- 7.2%
- Return on capital (ROCE)
- 9.1%
- Liabilities / assets
- 8.9%
- Debt / equity
- 0.10×
- Book value / share
- $21.91
- Revenue growth (YoY)
- −9.6%
- Net income growth (YoY)
- −32.2%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 14.66safe
- Accruals / assets
- 0.8%clean
- Beneish M-Score
- -2.13normal
- Piotroski F-Score
- 3/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 1 warning● 5 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Revenue declined year-over-year
- Operating margin is positive
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 11, 2022
- NT 10-Kmissed a reporting deadline ↗Mar 15, 2022
- NT 10-Kmissed a reporting deadline ↗Mar 17, 2021
- NT 10-Kmissed a reporting deadline ↗Mar 29, 2019
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- American Endowment FoundationPassive (13G)Feb 12, 2025
- Shipley Douglas MPassive (13G)Feb 5, 2025
- Hodgson Curtis DrewPassive (13G)Feb 5, 2025
- Shipley Kenneth EPassive (13G)Feb 5, 2025
- Shipley William GPassive (13G)Feb 5, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 993,145 | 11.1 | +7.6% |
| Apr 30, 2026 | 922,638 | 15.5 | +3.3% |
| Apr 15, 2026 | 893,179 | 10.6 | -2.4% |
| Mar 31, 2026 | 915,381 | 6.0 | -1.7% |
| Mar 13, 2026 | 931,011 | 7.3 | +7.0% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operationsMay 8, 2026
- Director / officer changeDec 19, 2025
- Shareholder voteDec 19, 2025
- Results of operationsNov 7, 2025
- Amended charter or bylaws · Other material eventNov 3, 2025
- Other material eventOct 10, 2025
- Director / officer changeOct 9, 2025
- Director / officer changeOct 2, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 8-KMay 8, 2026
- 10-QMay 7, 2026
- 10-KMar 12, 2026
- 4OWNERSHIP DOCUMENTMar 10, 2026
- 3OWNERSHIP DOCUMENTFeb 23, 2026
- 8-KFORM 8-KDec 19, 2025
- 8-KFORM 8-KDec 19, 2025
- ARSNov 12, 2025
- DEF 14AFORM DEF 14ANov 12, 2025
- 8-KNov 7, 2025
- 10-QNov 7, 2025
- 8-KFORM 8-KNov 3, 2025
- 8-KFORM 8-KOct 10, 2025
- 8-KFORM 8-KOct 9, 2025
- 8-KFORM 8-KOct 2, 2025
Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.